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During the audit, the auditor may discover deficiencies in the client s system of internal control. Some of these deficiencies may be considered significant deficiencies
During the audit, the auditor may discover deficiencies in the clients system of internal control. Some of these deficiencies may be considered significant deficiencies or material weaknesses as defined by auditing standards. Describe significant deficiencies and material weaknesses and the auditors responsibility for communicating them to the client. Do you consider any of the weaknesses in Oceanviews controls over acquisitions to be significant deficiencies or material weaknesses?
During the audit, the auditor may discover deficiencies in the clients system of internal
control. Some of these deficiencies may be considered significant deficiencies or material
weaknesses as defined by auditing standards. Describe significant deficiencies and material
weaknesses and the auditors responsibility for communicating them to the client. Do you
consider any of the weaknesses in Oceanviews controls over acquisitions to be significant
deficiencies or material weaknesses?
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